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Green energy companies in India
by MANS HU on OCTOBER 4, 2010
in IN VESTMENTS

Reader Parin emailed me asking about companies that operate in

the green energy space after reading my post about the green
energy space in India, so I set out to prepare this list of green
energy companies in India.
There are a handful of green energy companies in India, and I
could only find 5 that were listed. So, I created this post with 5
listed, and 5 private green technology companies in India.

Please don’t consider this is a buy recommendation as just being

in a sector that’s promising doesn’t mean anything; ask anyone
who invested in tech stocks in 2000. Also, keep in mind that some
of these companies are private, and are not listed in the stock
exchange.
Listed Green Energy Companies in India
Suzlon

1. Suzlon Energy: Suzlon is of course the first company that

comes to mind. They are one of the leading wind energy
companies in India are one of the better known alternative energy
companies in India. Here are some details from their website.
Conceived in 1995 with just 20 people, Suzlon is now a leading
wind power company with:

 Over 16,000 people in 25 countries

 Operations across the Americas, Asia, Australia and Europe
 Fully integrated supply chain with manufacturing facilities in
three continents
 Sophisticated R&D capabilities in Belgium, Denmark,
Germany, India and The Netherlands
 Market leader in Asia, Suzlon Market Share (Combined with
REpower) rose to 9.8% thereby making Suzlon 3rd * largest
wind turbine manufacturing company in the world.

Orient Green Power

2. Orient Green Power Limited: This is a company that

recently had its IPO, and is primarily engaged in the Wind and
Biomass energy space. Currently wind constitutes the majority of
their energy portfolio, so this is another one of India’s wind
energy companies. As of March 31, 2010, their total portfolio of
operating projects included 193.1 MW of aggregate installed
capacity, which comprised 152.6 MW of wind energy projects and
40.5 MW of biomass projects. Their portfolio of committed and
development projects included approximately 815.5 MW of
prospective capacity, which comprised an estimated 622.0 MW of
wind energy projects, 178.5 MW of biomass projects and a 15.0
MW small hydroelectric project.

Indowind Energy

3. Indowind Energy Limited: Indowind Energy Limited is

also a wind energy company that develops wind farms for sale,
manages the wind assets, and generates green power for sale to
utilities and corporates. Turnkey implementation of Wind Power
Projects, from concept to commissioning. Wind Asset
Management Solution for installed assets, including operations,
billing, collection of revenue to project customers. Supply of
Green Power to Customers. CERs (Carbon Credit) Sales and
Trading. This is a listed company.
Suryachakra Power Company

4. Suryachakra Power Corporation Limited: SPCL is the

flagship company of Suryachakra Group with interests in Power
generation – renewable energy (biomass, Solar, hydro, Wind) and
Clean Technology / Ultra Super Critical Thermal Power Plants
(coal, Gas), Engineering Consultancy and Urban infrastructure
development activities. Suryachakra Power Corporation Limited
has established 3 wholly owned subsidiaries for setting up of
renewable energy (biomass) power projects and also acquired
stake in Sri Panchajanya Power Private limited, which was setting
up a 10 MW Biomass Power Plant at Hingoli, Maharashtra.

NEPC India

5. NEPC India: This is a Public Limited Company promoted by

the Khemka Group with the primary objective of promoting wind
energy. This successful Group has a multi crore turnover from
diversified activities in the field of Power Generation from Wind
Energy and manufacture and marketing of Wind Turbine
Generator (a renewable energy device).
Private Green Energy Companies in India

Azure Power

6. Azure Power: Azure Power is not publicly listed but operates

in the green energy space as it is one of the solar energy
companies in India. It is a solar power company, and from the
website I saw that they are supplying power to 20,000 people in
32 villages in Punjab.

Auro Mira

7. AuroMira Energy: Auro Mira is also a green technology

energy company that is private, and present in the Biomass, Small
Hydel and Wind Sectors. It plans to develop over 1000 MW
capacity by 2012. AME is presently focusing in Biomass, Small
Hydro and Wind Sectors. AME plans to invest $ 900 Million to
develop, own and operate over 1000 MW in clean energy in
addition to WTG manufacture and to develop over 15000 acres of
energy plantation in the next five years. AME intends to foray
into other clean energy technologies, solar, bio-diesel etc. in the
future.

Husk Power Systems

8. Husk Power Systems: Any guesses on what this company

uses to generate power? Anyone? Did I hear rice husk? Yes, that’s
right! This is truly an alternate energy company which owns and
operates 35-100 kW “mini power-plants― that use
discarded rice husks to deliver electricity to off-grid villages in the
Indian “Rice Belt”. Check out their great coverage in NY
Times.
Excerpt:

Many of India’s cities have become bustling centers for high

technology and heavy industry, but hundreds of millions of
people in the countryside remain off the grid. Growing up in rural
Bihar State, Manoj Sinha knew what it was like to sit in the dark.
So after earning an electrical engineering degree at
the University of Massachusetts, Amherst, and working for the
Intel Corporation, he began exploring ways to turn farm waste
into electricity, with the dream of building village-scale
generators.

RRB Energy

9. RRB Energy Limited: This company is in the field of Wind

Power Generation, and is an ISO 9001:2008 and ISO
14001:2004 certified Company. RRBEL is also an Independent
Power Producer having established wind farms of aggregate
megawatt capacity.
The then Merrill Lynch had invested Rs. 218 crores in this
company in 2007, and that’s the time it got into the export market
as well. However, since this is a private company you won’t be
able to invest in it through the stock market.

Moser Baer Solar Energy

10. Moser Baer Solar Limited: This is a subsidiary of Moser
Baer that is one of the solar energy companies as well. The
Group’s photovoltaic manufacturing business was established
between 2005 and 2007 with the primary objective of providing
reliable solar power as a competitive non-subsidized source of
energy.
inShare

More from my site

 Some surprising facts about India’s green

energy

 Orient Green Power Limited IPO

 Green ETF List

 IREDA 8.80% Tax-Free Bonds – February

2014 Issue
{ 80 comments… read them below or add one }
C.Sivakumar October 6, 2010 at 12:08 AM
I interest to work green energy field .

REPLY
REPLY
Esakky Muthu G October 22, 2010 at 7:25 AM
Dear Sir

We are having more than 110 acers of land located 20 Kms

west to Tirunelveli, Tamilnadu ( South India) . Our lands
situated in high wind area in proximity to state high way
connecting (Tirunelveli and Tenkasi).

We are looking for some wind mill investing companies to

take our land in rental basis or start wind Farm Company in
partnership with us(We can invest up to 2 cr).

Interested parties please contact us 0091-8098949552 or

0091-9962623420.

Best regards

Esakky Muthu G
11/65A Udayampuli, Alangulam TK, Tirunelveli Dt.
Tamilnadu India
REPLY
S.D.Ghorpade December 29, 2010 at 12:57 AM
We are in the green energy projects and provide high breed
systems with wind and solar farms.
Kindly know the background of your company, the location
of your land from the nearest Grid ( Tamilnadu State
Electricity Board) Sub- Station.
We will definately have the joint venture for harnessing
natural resources.
 Thanking you,
S.D.Ghorpade.
0091 9850566958
REPLY

REPLY
STEEL GRIP INFRASTRUCTURE (P) LTD November 8,
2010 at 7:03 AM
We are at present engaged in manufacturing & Galvanizing
of M.S. Steel Structures i.e. Telecom Towers, Transmission
Tower, SwitchYard (Sb-Station Structure), Solar Module &
Pole Structure, Cable Trays, Foundation Bolts etc.
Please feel free to contact us for your rquirements .
09818412161
REPLY
Headway Solar November 11, 2010 at 11:14 AM
Headway Solar is one of the upcoming Solar Energy
Companies in India.
Headway Solar is a Solar Energy company based in India.
We provide a complete range of solar products and offer
customized solar solutions.
Headway Solar also have customised Solutions for the
following sectors:
* Banks
* Telecom
* Rural Development
* Hotels
* Healthcare
* Roads and Highways
* Education
* Solar Electrification of Homes
Headway Solar is a provider of the whole spectrum of Solar
Energy related products, from institutional solutions, to
portable solar equipment. We serve the whole band of Solar
Energy requirements, from corporate energy requirements
 to rural solar irrigation. We also serve all household Solar
Energy requirements, be it solar lighting, solar water
heating, solar air conditioning or solar fountains in the
garden.

REPLY
powercell May 18, 2011 at 11:58 PM
We are an ISO 9001:2008 COMPANY.We provide toatal
power back up solution,power conditioning and power
protection solution.
We are leading manufacturer of
SOLAR SINGLE PHASE INVERTERS
SOLAR THREE PHASE INVERTERS
SOLAR CHARGE CONTROLLERS
INVERTER/CHARGERS(BIG CHARGERS LIKE
30AMPS,40AMPS)
REPLY